£82,115
This estimated value is based upon the latest sale price for the house of £70,000 on 14 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 14 Oct 2020 |
| £49,100 | 30 Jun 2020 |
| £36,950 | 24 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £70,000 results in an estimated price of approximately £82,115.
| 14 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £70,000 | £12,115 | £82,115 |
The Postcode Pricing Model uses changes in average sales price within the NE9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -26.101 % | £-18,270 | £51,729 |
| 3 Month Average | 7.893 % | £5,525 | £75,525 |
| 6 Month Average | 6.753 % | £4,726 | £74,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £119,773 | £118,000 | 36 PICKERING GREEN |
| 10 Jul 2023 | £98,932 | £97,600 | 2 BRAMHOPE GREEN |
| 10 Mar 2023 | £121,091 | £119,950 | 15 HAREWOOD GREEN |
| 17 Feb 2023 | £109,926 | £110,000 | 27 HAREWOOD GREEN |
| 27 Jan 2023 | £124,364 | £124,950 | 17 HAREWOOD GREEN |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 14 Oct 2019. Using an estimated price of £82,116 means this house is valued at £933 per sq meter (£86 per sq foot).
The average size of a house on HELMSLEY GREEN is 105 sq meters (1,133 sq feet).